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Turn Cloud Technology Service Inc (6870) Fair Value & Analysis

Technology · TW · Market cap 6.9B TWD

TC Turn Cloud Technology Service Inc 6870 · TWO
Price254.00 TWD
Fair Value143.56 TWD
Upside-43.5%
Quality46/100
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Expensive Growth
Highly profitable · 20.5% net margin
Moderate debt · negative free cash flow
1.00% dividend yield
Trails peers (5/13)
Moderate moat 61/100
Evidence: Medium Range 103.84 TWD – 183.27 TWD Share as image

Fair value as of: Jul 23, 2026

From 14 valuation models · updated 18 days ago

Fair value updated Jul 23, 2026, revised from 157.74 TWD to 143.56 TWD (−9.0%) since Jul 12, 2026. Share price −2.3% over the past month.

Below-average quality, and screening another 43% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (183.27 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

1,936 TWD 71.76 TWD Fair Value 143.56 TWD Feb 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

54‑month range 71.76 TWD – 1,936 TWD · fair‑value band 103.84 TWD – 183.27 TWD · the 254.00 TWD price screens above the 143.56 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Turn Cloud Technology Service Inc (6870) currently trades at 254.00 TWD, while our model-based Fair Value estimate is 143.56 TWD, implying the stock looks roughly 43.5% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Turn Cloud Technology Service Inc generated revenue of 859M TWD at a net margin of 20.5%. Revenue grew 35.4% year over year. It earns a return on equity of 15.0%. Net debt stands at 392M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 103.84 TWD (bear case) to 183.27 TWD (bull case); at 254.00 TWD, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 23% below its 52-week high and 52% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -43%, 6870 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 44.08 TWD 55.33 TWD 133.84 TWD 76
ROIC Compounder 43.81 TWD 61.86 TWD 81.41 TWD 72
Growth-Adj P/E 123.93 TWD 177.04 TWD 230.16 TWD 68
All 14 models by family
Earnings-Based
Graham-Dodd 43.85 TWD 305.77 TWD 429.10 TWD 54
Lynch FV 93.43 TWD 133.47 TWD 173.51 TWD 50
PEG = 1.0 93.43 TWD 133.47 TWD 173.51 TWD 46
EPV 43.81 TWD 52.45 TWD 59.90 TWD 59
Multiples
P/E Multiple 96.72 TWD 128.96 TWD 161.20 TWD 63
P/S Multiple 58.79 TWD 78.38 TWD 97.98 TWD 58
P/B Multiple 82.21 TWD 109.61 TWD 137.02 TWD 55
EV/EBIT 91.94 TWD 126.22 TWD 160.49 TWD 53
EV/EBITDA 75.16 TWD 103.84 TWD 132.52 TWD 54
EV/Revenue 43.98 TWD 67.49 TWD 91.01 TWD 43
Asset-Based
NCAV (Graham) 22.92 TWD 30.72 TWD 45.85 TWD 50
Economic Profit
Residual Income 44.08 TWD 55.33 TWD 133.84 TWD 76
ROIC Compounder 43.81 TWD 61.86 TWD 81.41 TWD 72
Growth Earnings
Growth-Adj P/E 123.93 TWD 177.04 TWD 230.16 TWD 68

Widest divergence: Growth Earnings (177.04 TWD) versus Asset-Based (30.72 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 859M TWD
Revenue growth (YoY) +35.4%
Net margin 20.5%
Return on equity 15.0%
Free cash flow −500M TWD FY2025
P/E ratio 40.8
More key figures
Operating margin 16.8%
EPS (TTM) 6.60 TWD
Dividend yield 1.0%
EPS growth (YoY) +71.1%
Net debt 392M TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 46 · Market factors (momentum, volatility) 64

Profitability 51
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 88
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 63
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Turn Cloud Technology Service Inc., together with its subsidiaries, provides digital transformation solutions for commercial real estate operators, brand operators, wholesalers, and various types of retailers in Taiwan and rest of Asia.

Full company description

Turn Cloud Technology Service Inc., together with its subsidiaries, provides digital transformation solutions for commercial real estate operators, brand operators, wholesalers, and various types of retailers in Taiwan and rest of Asia. It offers OLink, a cloud-based all-in-one payment solution that incorporates credit card, mobile payments, BNPL, crypto, coupons, and loyalty points redemption and transaction; HOYABOX, a mobile POS solution that tracks transactional data and digitizes operations of stores; Tomorrow POS, an AIoT edge solution; Tomorrow TShop, a merchandise management solution to manage various stores; TCMS, a commercial management platform; TCRM, a customer relationship management solution; iFore, a business intelligence tool; and TLife, a digital marketing solution. The company also offers cloud data analysis and platform maintenance; general investment; information system design, integration, and maintenance; data analysis; and smart retail application services. Turn Cloud Technology Service Inc. was founded in 2015 and is based in New Taipei City, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Turn Cloud Technology Service Inc reported revenue of 804M TWD in FY2025 versus 376M TWD in FY2021, a compound +20.9%/yr. Reported net income was 165M TWD in FY2025, compounding +35.5%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
804M TWD
Latest YoY
+20.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+20.1%
Revenue +20.9%/yr
FY21 376M TWD
FY22 464M TWD
FY23 539M TWD
FY24 668M TWD
FY25 804M TWD
Net income +35.5%/yr
FY21 49.0M TWD
FY22 63.8M TWD
FY23 81.1M TWD
FY24 115M TWD
FY25 165M TWD

6870 screens 43% overvalued. Compare with Microsoft Corporation →

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Cite: Fair Value Calculator (2026). "Turn Cloud Technology Service Inc Fair Value". https://www.fairvalue-calculator.com/stock/6870

Peer Group

Software - Infrastructure · 370 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside −44% · Below median
Return on equity (TTM) 15% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 35% · Top 25%
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.58× · Higher than 75% of peers

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 40.8× · Pricier than median
P/B 5.87× · Pricier than 75% of peers
P/S (TTM) 8.03× · Pricier than 75% of peers
EV/EBITDA 32.8× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 46
PAST 60 · sector 15
HEALTH 71 · sector 98
DIVIDEND 20 · sector 28

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is Turn Cloud Technology Service Inc (6870) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 143.56 TWD versus a price of 254.00 TWD, about −43% (overvalued).
What is the fair value of 6870?
Our model-based fair value for Turn Cloud Technology Service Inc is 143.56 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 254.00 TWD.
What is the quality score of 6870?
Turn Cloud Technology Service Inc has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Turn Cloud Technology Service Inc (6870)?
Turn Cloud Technology Service Inc reported trailing-twelve-month revenue of about 859M TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6870?
The net profit margin of Turn Cloud Technology Service Inc is about 20.5%, meaning it keeps roughly 20.5% of revenue as net income. Based on the latest reported figures.
Does Turn Cloud Technology Service Inc pay a dividend?
Turn Cloud Technology Service Inc currently shows a dividend yield of about 1.08% relative to its recent price (as of Jul 23, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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